---
title: "BEML Land Assets Ltd (BLAL) — Share Price, Financials & Analysis"
symbol: "BLAL"
company: "BEML Land Assets Ltd"
canonical: "https://tapetide.com/stocks/BLAL"
isin: "INE0N7W01012"
nse_symbol: "BLAL"
bse_code: "543898"
sector: "Financial Services"
industry: "Investment Company"
market_cap_cr: 668.06
generated_at: "2026-09-13T18:36:09.288Z"
---

# BEML Land Assets Ltd (BLAL)

Canonical page: https://tapetide.com/stocks/BLAL

## Company

- **NSE Symbol:** BLAL
- **BSE Code:** 543898
- **ISIN:** INE0N7W01012
- **Sector:** Financial Services
- **Industry:** Investment Company
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2023-04-19
- **CEO:** Mr. K. Masilamani
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** blal.in

## About

Incorporated in 2021, BEML Land Assets 
Ltd was formed by Demerger of Identified surplus / non-core assets of BEML Limited[1]

## Latest Price

- **Price:** ₹161.47
- **Change:** +0.24 (+0.15%)
- **Open:** ₹161.91
- **Day High:** ₹162.01
- **Day Low:** ₹158
- **Previous Close:** ₹161.23
- **Volume:** 12189
- **As Of:** 2026-09-11T09:59:56+00:00

## Key Fundamentals

Observed at 2026-09-11T04:49:19.025656Z.

- **Market Cap:** ₹668.06 Cr
- **Classification:** Microcap
- **P/E (reported):** 292.3
- **P/E (TTM):** 293.58
- **EPS (TTM):** ₹0.55
- **EPS (reported):** ₹0
- **Book Value:** ₹0.27
- **Price to Book:** 596.49
- **Dividend Yield:** 0%
- **ROE:** 0.95%
- **ROCE:** -16.43%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹1 Cr
- **Net Income:** ₹0 Cr
- **EBITDA:** ₹-2.1 Cr
- **52-Week High:** ₹231.1
- **52-Week Low:** ₹155.5
- **RSI (14):** 30.61

## Tapetide Score

- **Score:** 36 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 7.3 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 88%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 51.95 | 9.89% |
| momentum | 25.28 | 13.19% |
| ownership | 48.47 | 26.37% |
| quality | 48.9 | 24.18% |
| valuation | 20.75 | 26.37% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Stock is trading at 600 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -69.0% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 37.23% | 126.32% | 1.29% |
| ebitda margin growth | -12.5% | — | -98.88% | — |
| net income growth | -113.16% | -100% | 26% | — |
| revenue growth | 0% | — | — | — |
| roce | — | -46.24% | -52.32% | -102.78% |
| roe | — | -100.28% | -137.6% | -100.22% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.98 | 0.98 |
| Expenses | 0.51 | 0.49 | 0.22 | 1.98 | 0.6 | 0.12 | 0.21 | 2.47 | 0.23 | 0.16 | 0.17 | 0.32 |
| Operating Profit | -0.51 | -0.49 | -0.22 | -1.98 | -0.6 | -0.12 | -0.21 | -2.47 | -0.23 | -0.16 | 0.81 | 0.66 |
| OPM % | — | — | — | — | — | — | — | — | — | — | 82.65 | 67.35 |
| Other Income | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.04 | 0.05 | 0.45 | 0.12 | 0.15 | 0.3 | 0.19 | 0.25 | 0.28 | 0.28 | 0.28 | 0.28 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -0.57 | -0.56 | -0.67 | -2.12 | -0.77 | -0.44 | -0.42 | -2.74 | -0.53 | -0.46 | 0.51 | 0.36 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -635.29 | 230.56 |
| Net Profit | -0.56 | -0.56 | -0.66 | -2.12 | -0.77 | -0.44 | -0.42 | -2.74 | -0.53 | -0.46 | 3.75 | -0.47 |
| EPS in Rs | -0.13 | -0.13 | -0.16 | -0.51 | -0.18 | -0.11 | -0.1 | -0.66 | -0.13 | -0.11 | 0.9 | -0.11 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0.98 | 1.96 |
| Expenses | 0.01 | 0.54 | 3.1 | 2.9 | 3.04 | 0.88 |
| Operating Profit | -0.01 | -0.54 | -3.1 | -2.9 | -2.06 | 1.08 |
| OPM % | — | — | — | — | -210.2 | 55.1 |
| Other Income | 0 | 0 | 0.02 | 0 | 0 | 0 |
| Interest | 0 | 0.04 | 0.57 | 0.77 | 1.09 | 1.12 |
| Depreciation | 0 | 0.04 | 0.08 | 0.08 | 0.09 | 0.08 |
| Profit before tax | -0.01 | -0.62 | -3.73 | -3.75 | -3.24 | -0.12 |
| Tax % | 0 | 0 | 0 | 0 | -100 | — |
| Net Profit | -0.01 | -0.63 | -3.72 | -3.75 | 0.01 | 2.29 |
| EPS in Rs | — | -0.15 | -0.89 | -0.9 | 0 | 0.55 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 41.64 | 41.64 | 41.64 | 41.64 |
| Reserves | -0.01 | -33.06 | -36.79 | -40.53 | -40.52 |
| Borrowings | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.01 | 1.08 | 4.77 | 8.75 | 11.98 |
| Total Liabilities | 0.01 | 9.66 | 9.62 | 9.86 | 13.1 |
| Fixed Assets | 0 | 9.6 | 9.53 | 9.63 | 9.73 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.01 | 0.06 | 0.09 | 0.23 | 3.37 |
| Total Assets | 0.01 | 9.66 | 9.62 | 9.86 | 13.1 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0.48 | 0.57 | 0.94 | 1.29 |
| Cash from Investing Activity | 0 | -9.64 | 0 | -0.18 | -0.18 |
| Cash from Financing Activity | 0.01 | 9.17 | -0.57 | -0.77 | -1.09 |
| Net Cash Flow | 0.01 | 0 | 0 | -0.01 | 0.01 |
| Free Cash Flow | 0 | -9.16 | 0.57 | 0.94 | 1.29 |
| CFO/OP | 0 | -89 | -18 | -32 | -63 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | — | 0 |
| Cash Conversion Cycle | — | — | — | — | 0 |
| Working Capital Days | — | — | — | — | 7.45 |
| ROCE % | — | -13.52 | -47.06 | -100 | -192.83 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 54.03% | 54.03% | 54.03% | 54.03% | 54.03% | 54.03% | 54.03% | 54.03% | 54.03% | 54.03% | 54.03% | 54.03% |
| FIIs | 1.56% | 1.17% | 1.22% | 0.14% | 0.05% | 0.02% | 0.01% | 0.23% | 0.07% | 0.01% | 0.01% | 0% |
| DIIs | 14.53% | 11.01% | 8.7% | 8.45% | 8.22% | 8.22% | 8.21% | 8.21% | 8.21% | 8.21% | 8.21% | 8.21% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.74% | 26.82% | 28.81% | 29.74% | 30.12% | 29.85% | 29.37% | 29.33% | 27.36% | 26.83% | 26.32% | 26.39% |
| Others | 5.14% | 6.97% | 7.24% | 7.65% | 7.57% | 7.89% | 8.38% | 8.21% | 10.34% | 10.91% | 11.43% | 11.37% |
| No. of Shareholders | 81343 | 79733 | 81300 | 84746 | 83740 | 82291 | 80799 | 78740 | 74744 | 72489 | 70596 | 69192 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 162.19 | Sell |
| EMA (10) | 162.47 | Sell |
| SMA (20) | 165.16 | Sell |
| EMA (20) | 164.94 | Sell |
| SMA (50) | 172.6 | Sell |
| EMA (50) | 170.91 | Sell |
| SMA (100) | 180.55 | Sell |
| EMA (100) | 176.77 | Sell |
| SMA (200) | 185.65 | Sell |
| EMA (200) | 184.16 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 31.71 | Neutral |
| MACD (12,26,9) | -3.39 | Buy |
| Stochastic (14,3,3) | 24.88 | Neutral |
| ADX (14) | 55.29 | Buy |
| Williams %R (14) | -70.67 | Neutral |
| ATR (14) | 3.49 | Neutral |
| ROC (12) | -3.17 | Sell |
| Stoch RSI (14) | 98.38 | Sell |
| UO (7,14,28) | 29.5 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76a2e4ff-00b5-4cb5-b524-7f498cebc469.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d495f8f-a86b-4eb2-939e-00fd9fe4d1dd.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=70142abb-a0c0-40a6-9f82-3ce8a1db0b01.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=79a89ea7-f64a-447e-974f-19e8241274f0.pdf) |
| 2026-09-01 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=767f3296-4db5-44a4-b7a9-921389a9d530.pdf) |
| 2026-08-31 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9af36a6a-b969-4228-8a74-aa8d64bf4169.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b220c3a-5321-45a7-af2f-38dcdfcafe46.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3d48ea1-940c-4502-8797-fde9dc6cbd37.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b14fc30a-8b30-425c-ae6a-dddbabeeaad9.pdf) |
| 2026-08-08 | [Shareholders Meeting- BEML Land Assets 5Th AGM On 31St August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1f0255a-46f5-4e46-a0a0-dc28a4ac9bcd.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; no demat/remat requests received. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; no demat/remat requests received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/444edcaf-177f-4545-ad8c-57f04abff328.pdf) |
| 8 May - Board meeting on 18 May 2026 to approve audited FY2025-26 and Q4 results; trading window remains closed. | [Board Meeting Intimation for BOARD MEETING FOR DECLARATION OF FINANCIALS FOR THE QUARTER ENDED AND YEAR ENDED 31ST MARCH, 2026 8 May - Board meeting on 18 May 2026 to approve audited FY2025-26 and Q4 results; trading window remains closed.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/03f849f2-ef0c-4271-83d2-4526e2594075.pdf) |
| 7 May - Shri Shantanu Roy’s CMD additional charge extended for one year, from 01.02.2026 to 31.01.2027. | [Announcement under Regulation 30 (LODR)-Change in Management 7 May - Shri Shantanu Roy’s CMD additional charge extended for one year, from 01.02.2026 to 31.01.2027.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/96d3675b-7d8d-434b-b156-f31a00fd52a7.pdf) |
| 7 May - Shri Shantanu Roy’s additional CMD charge extended for one year from 01.02.2026 to 31.01.2027. | [Announcement under Regulation 30 (LODR)-Change in Management 7 May - Shri Shantanu Roy’s additional CMD charge extended for one year from 01.02.2026 to 31.01.2027.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bfbf77e6-93d8-49a0-a3cd-7874ccac7f4a.pdf) |
| 29 Apr - Smt Rolley M. Varma appointed Government Nominee Director on the board effective 27 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 29 Apr - Smt Rolley M. Varma appointed Government Nominee Director on the board effective 27 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d1f4547-90c1-4c7d-928c-41e8bba9cd94.pdf) |
| 29 Apr - Smt Rolley M. Varma appointed Government Nominee Director on the board effective 27 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 29 Apr - Smt Rolley M. Varma appointed Government Nominee Director on the board effective 27 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7d1f4547-90c1-4c7d-928c-41e8bba9cd94.pdf) |
| 29 Apr - Smt Rolley M. Varma appointed Government Nominee Director effective 27 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 29 Apr - Smt Rolley M. Varma appointed Government Nominee Director effective 27 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f2670b44-0f5d-48aa-ad49-b00e10e4794a.pdf) |
| 29 Apr - Smt Rolley M. Varma appointed Government Nominee Director effective 27 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 29 Apr - Smt Rolley M. Varma appointed Government Nominee Director effective 27 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f2670b44-0f5d-48aa-ad49-b00e10e4794a.pdf) |
| 26 Mar - Trading window closed from 01.04.2026, 01.07.2026, 01.10.2026, 01.01.2027, 01.04.2027 until 48 hours after board meetings. | [Closure of Trading Window 26 Mar - Trading window closed from 01.04.2026, 01.07.2026, 01.10.2026, 01.01.2027, 01.04.2027 until 48 hours after board meetings.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/58362673-bf5e-417e-9cfc-1f9c12a07078.pdf) |
| 23 Jan - Unaudited Q3 and nine-month results ended 31.12.2025 approved; Q3 loss INR 46.04 lakh, nine-month loss INR 373.68 lakh. | [Board Meeting Outcome for Un-Audited Financial Results For The Quarter And Nine Months Ended 31-12-2025 23 Jan - Unaudited Q3 and nine-month results ended 31.12.2025 approved; Q3 loss INR 46.04 lakh, nine-month loss INR 373.68 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/32a8552e-0d90-442d-a368-7d66fcce7bca.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_UTTAMSTL_2011_2012_27062012105305.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_UTTAMSTL_2010_2011_05082011135101.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_UTTAMSTL_2009_2010_09092010120000.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f8a61715-f4fe-41ce-a614-5e908836c220.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd5fdba4-2086-4433-b925-608f35549fbf.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/065fc557-e1be-458c-b753-7148259da8d3.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/26103c26-d340-4c98-b66a-3df8d71e0f8c.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport//72777513216.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport//65798513216.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport//5132160319.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-07-30 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c91b2dc-0071-47b1-9a0c-1ca9ee49f1f1.pdf) |
| 2025-01-24 | [Unaudited Financial Results For The Quarter And Nine Months Ended 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c46863f4-c430-48f5-b9c7-85e653bbb4d9.pdf) |
| 2024-11-07 | [Unaudited Financial Results For Half Year](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fce8ae7d-bde6-412a-9176-6ee9e1faa48c.pdf) |
| 2024-07-19 | [Unaudited Financial Results For First Quarter Ended 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=271a08a4-0329-4180-9488-4328052f53c6.pdf) |
| 2024-04-25 | [Financial Results For The Year Ended 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=305d2820-f402-4e1c-93d2-ab0b4473e659.pdf) |
| 2024-02-13 | [Financial Results For Period 30.09.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=037fcbab-2708-41dc-b690-5f1bb66fb25e.pdf) |
| 2024-02-13 | [Financial Results For Period Ended 31.12.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=171f87fc-6d97-4cb5-a10e-1ccbb884b4d1.pdf) |
| 2023-07-27 | [Financial Results For The Quarter Ended 30.06.2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96378fa4-a2d8-4ac2-8c2b-3dca7623e231.pdf) |
| 2023-05-23 | [Board Meeting Outcome for 15Th Meeting Of Board](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=388e73cf-6779-4aff-8a2d-0665493cbb6a.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:36:09.288Z.